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Can you deduct payroll taxes?

In: Taxes and Tax Preparation, Income Taxes, Payroll Services [Edit categories]

Answer:

A individual taxpayer cannot deduct payroll taxes on the individual taxpayers income tax return.

First answer by Mebrg. Last edit by Mebrg. Contributor trust: 32 Question popularity: 4 [recommend question].

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Where do you deduct payroll taxes on form 1120?
Payroll withholding is NOT an expense to the Company...it is part of payroll that you send to the IRS/State rather than give to the employee...although the cost of it is his salary. Other payroll...
What can you deduct from taxes?
Several tens of thousands of pages (maybe more) exist on this topic. No list does, nor is a list possible.
What is payroll taxes?
Payroll taxes are the taxes witheld by an employer from an employee's paycheck which covers the appropriate amount of federal and state taxes as well as FICA tax (also known as Social Security)....
What are payroll taxes?
A share of workers' earnings paid to the government by workers and employers.
Is Payroll Tax considered Income Tax?
Yes. Any tax on income is income tax. Taxes imposed after income, such as sales tax, aren't.